Udaipur, 29th April, 2024: Hindustan Zinc, a Vedanta group company and India’s leading zinc-lead-silver producer, has achieved a remarkable milestone by winning the prestigious India Silver Conference Excellence Award 2023 for being the India’s Largest Integrated Silver Manufacturer. This recognition comes as Hindustan Zinc ascends to the rank of the 3rd largest silver producer globally, as confirmed by the World Silver Survey 2024 conducted by The Silver Institute.
The award acknowledges Hindustan Zinc’s commitment to excellence, innovation, and sustainable practices in the silver manufacturing sector. The company’s consistent growth of 5% year-on-year is attributed to increased ore production and enhanced grades, solidifying its status as a key player in the global silver market.
“We are thrilled to receive this esteemed award, which reflects our dedication to driving innovation in our operations. Our ascent from the 5th position to 3rd largest position with highest ever production of 746 MT, reflects our ongoing efforts to foster growth and create enduring value. This recognition underscores our relentless pursuit of excellence and our focus on sustainability across our value chain.” said Mr. Arun Misra, CEO of Hindustan Zinc.
Hindustan Zinc’s Sindesar Khurd Mine stands as the world’s 2nd top silver-producing mine, further accentuating the company’s significant contribution to the silver industry. From a modest silver production capacity of 41 MT in 2002, Hindustan Zinc has surged to a leadership position, boasting a production capacity of 746 MT, showcasing its relentless pursuit of excellence and industry-leading practices.
Hindustan Zinc is renowned for its state-of-the-art facilities, advanced technology, and environmentally responsible practices. The company’s integrated approach to silver manufacturing ensures efficiency, reliability, and minimal environmental impact, aligning with global sustainability goals.
About Hindustan Zinc Limited
Hindustan Zinc Limited (BSE: 500188 and NSE: HINDZINC), a Vedanta Group company, is the world’s largest integrated zinc producer and the third-largest silver producer. The company supplies to more than 40 countries and holds a market share of about 75% of the primary zinc market in India. Hindustan Zinc has been recognized as the world’s most sustainable company in the metals and mining category for the second consecutive year by the S&P Global Corporate Sustainability Assessment 2024, reflecting its operational excellence, innovation, and leading ESG practices. The company also launched EcoZen, Asia’s first low carbon ‘green’ zinc brand. Produced using renewable energy, EcoZen has a carbon footprint of less than 1 tonne of carbon equivalent per tonne of zinc produced, about 75% lower than the global average. Hindustan Zinc is also a certified 2.41 times Water-Positive company and is committed to achieving Net Zero emissions by 2050 or sooner. Transforming the lives of 1.9 million people through its focused social welfare initiatives, Hindustan Zinc is among the Top 10 CSR companies in India. As an energy transition metals company, Hindustan Zinc is pivotal in providing critical metals essential for a sustainable future.
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